The general vacancy rate increased considerably, closing the first half of the year at 15.7%
27 July 2026
Insight
27 July 2026
Montevideo office market overview - H1 2026
Categories:
Authors
Guido Mosin
Marcelo Molinaro
- Asking rents also registered a notable increase, averaging USD 35.8 per square meter.
- Montevideo features five clearly differentiated submarkets: Punta Carretas - Pocitos Nuevo, Centro, Zonamerica, Centro Norte, and Carrasco